Form 4: Illinois Tool Works Director Acquires Shares Under Incentive Plan

Darrell L. Ford, a director at Illinois Tool Works, acquired shares of common stock under the company's 2024 Long-Term Incentive Plan.

Summary

• On February 7, 2025, Darrell L. Ford, a director of Illinois Tool Works Inc. (ITW), acquired shares of common stock.
• The acquisition was made under the Illinois Tool Works Inc. 2024 Long-Term Incentive Plan, representing quarterly director fees.
• Ford acquired 136.95 shares at a price of $255.56 per share.
• Following the transaction, Ford beneficially owns 5,629 shares of deferred stock under the ITW Directors' Deferred Fee Plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company, aligning interests with shareholders. It's a routine transaction, but indicates confidence.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The acquisition was part of the company's long-term incentive plan, aligning director interests with shareholder value.

Industry Context

This is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates